Delek Logistics (DKL) EVP Reports 663-Unit Tax Withholding Transaction

Rhea-AI Filing Summary

Delek Logistics Partners insider Form 4 shows Mark Wayne Hobbs, an Executive Vice President, reported a disposal of 663 common units on 09/10/2025 at a reported price of $43.99 per unit. The filing notes these units were shares withheld for tax purposes upon vesting of equity awards. After the transaction, Mr. Hobbs beneficially owns 16,682 common units, held directly. The Form 4 was executed by an attorney-in-fact and signed on 09/12/2025. The disclosure is a routine reporting of a tax-withholding disposition rather than an open-market sale indication.

Insights

Financial Analyst

TL;DR: Officer withheld 663 units for taxes; holding remains modest at 16,682 units, a routine, non-material equity event.

The reported disposition of 663 common units at $43.99 appears to be a tax-withholding action tied to equity award vesting, not an active divestiture signal. The remaining direct beneficial ownership of 16,682 units gives context to the officer's stake size but does not indicate a material change in ownership or control. For investors, this filing documents compliance with Section 16 reporting and provides transparency on award settlement mechanics.

Corporate Governance Expert

TL;DR: Filing documents standard tax-withholding on vested awards and proper Section 16 reporting; no governance concerns evident.

The Form 4 clearly states the nature of the transaction as withholding for tax purposes, which is a common method for companies to satisfy tax obligations upon vesting. The filing is signed by an attorney-in-fact, as permitted, and discloses the post-transaction direct ownership. There are no indications of unusual timing, related-party transfers, or amendments that would raise governance flags.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hobbs Mark Wayne

(Last) (First) (Middle)

310 SEVEN SPRINGS WAY

SUITE 500

(Street)

BRENTWOOD TN 37027

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Delek Logistics Partners, LP [ DKL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP

3. Date of Earliest Transaction (Month/Day/Year)
09/10/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Units	09/10/2025		F(1)		663	D	$43.99	16,682	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares withheld for tax purposes upon vesting of equity awards.

Remarks:

	/s/ Misty Lavender, Attorney in Fact	09/12/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Mark Wayne Hobbs report on the DKL Form 4?

He reported a disposition of 663 common units on 09/10/2025 at a price of $43.99 per unit.

Why were the 663 units disposed according to the Form 4?

The filing states the units were withheld for tax purposes upon vesting of equity awards.

How many DKL common units does Mr. Hobbs beneficially own after the transaction?

He beneficially owns 16,682 common units following the reported transaction.

When was the Form 4 signed and who signed it?

The form was signed by Misty Lavender, Attorney in Fact on 09/12/2025.

What is Mark Hobbs' role at Delek Logistics Partners as disclosed on the form?

He is reported as an Executive Vice President (EVP) and an officer of the issuer.